SBA Loan Site Visits: How to Prepare and What to Expect
Jimerson Firm
NOVEMBER 11, 2020
Site visits allow lenders and CDCs to gain a first-hand impression of the borrower’s business operations, evaluate risks, and inventory the collateral. Frequent site visits help lenders and CDCs make prudent lending decisions by keeping them up-to-date with the condition of the collateral and the borrower’s business operations.
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